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senate majority leader harry reid said today it would be hard to get an agreement finished by the holiday, blaming the delay on republicans. not surprisingly, republicans say the president hasn't gotten serious about the talks. plenty of outside groups are offering up suggestions. and as darren gersh reports, they include warren buffett and some other big names in finance. >> reporter: there was some public movement in the fiscal cliff standoff today. instead of holding dueling press conferences, republicans and democrats traded barbs on the house floor. >> where are the president's spending cuts? the longer the white house slow- walks this process, the closer our economy gets to the fiscal cliff. >> reporter: behind the scenes, progress is being made, but democrats are still arguing they've given ground in previous budget battles. that's one reason they are holding firm on higher taxes now. >> $1.6 trillion in cuts. "where are the cuts?" they are in bills that you, mr. speaker, have voted for. >> reporter: and there were new calls for more tax revenue today. warren buffett, vanguard foun
senate majority leader harry reid said today it would be hard to get an agreement finished by the holiday, blaming the delay on republicans. not surprisingly, republicans say the president hasn't gotten serious about the talks. plenty of outside groups are offering up suggestions. and as darren gersh reports, they include warren buffett and some other big names in finance. >> reporter: there was some public movement in the fiscal cliff standoff today. instead of holding dueling press...
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Dec 11, 2012
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i think harry reid's comments sum it up. that is, there is no way that the democrats really want to talk about spending, and i know that the republicans have been light on detail as well, but if the issues facing this country are tackling the biggest part of what we spend in the form of entitlements, we are kidding ourselves that anything is going to be done in a timely faction. they are going to want to do the tax part and kick the rest, and i'll tell you what. i think a lot of conservatives will go along with the potential tax increase, but they are not going to take a promise on the rest of it, so i think it's going to get ugly. >> you know, carol, are alan greenspan is going to tell us later in the program that maybe we should go over the cliff, that the minor recession that is expected as a result is a small price to pay for greater fiscal reform in this country. >> you know that i believe that. you're teeing that one up for me. >> i'm giving you a softball here. >> i'm all about accountability and responsibility so i w
i think harry reid's comments sum it up. that is, there is no way that the democrats really want to talk about spending, and i know that the republicans have been light on detail as well, but if the issues facing this country are tackling the biggest part of what we spend in the form of entitlements, we are kidding ourselves that anything is going to be done in a timely faction. they are going to want to do the tax part and kick the rest, and i'll tell you what. i think a lot of conservatives...
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Dec 6, 2012
12/12
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harry reid feels differently. and the president feels differently. >> the president is right to say this is an extreme measure and was used irresponsibly last year. it hurt the economy last year. megyn: just to clarify and tell the viewers what you are talking about. the republicans in exchange for raising the debt limit said we'll do it but there have to be spending cuts to offset the amount of debt. >> what i don't like about the debt ceiling process is we have a process to create budget and there are congress and committees. things are supposed to go through both houses and get voatds on. i think this is going outside the democratic process. the republican numbers went down much more than barack obama's did last year. i think they have to be careful about what they are doing here. >> i think the reason simon doesn't like it is because it gives the republicans leverage to force the president to deal with the debt. the president has as much chance of succeeding as you have of getting john bolton to cry on your sh
harry reid feels differently. and the president feels differently. >> the president is right to say this is an extreme measure and was used irresponsibly last year. it hurt the economy last year. megyn: just to clarify and tell the viewers what you are talking about. the republicans in exchange for raising the debt limit said we'll do it but there have to be spending cuts to offset the amount of debt. >> what i don't like about the debt ceiling process is we have a process to create...
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Dec 13, 2012
12/12
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dennis: we have heard from house speaker john boehner and harry reid. ed henry tried to get a comment from president obama himself. this is new video just in. spin it how are you doing, sir four that how are you feeling about a deal? optimistic? >> still in progress. dennis: lori rothman and adam shapiro will have more on those talks at the top of the hour. cheryl: washington state talking bucking the national foreclosure rate. the office it was for southern california. home sales volume was up 14% year over year. california governor gerri brown is not wasting any time. the 74-year-old governor is undergoing radiation treatment. his oncologist says his prognosis is -- that is your west coast minute. dennis: general orders is unveiling a new line of pickup trucks. jeff flock has the story. jeff: that is the new chevy silverado. it is the number one seller. it has these new engines and it. they will shut down four of the cylinders if you do not need all the power. saves on gas. very good. this harkens back to the old days. it was a loud unveiling. they fl
dennis: we have heard from house speaker john boehner and harry reid. ed henry tried to get a comment from president obama himself. this is new video just in. spin it how are you doing, sir four that how are you feeling about a deal? optimistic? >> still in progress. dennis: lori rothman and adam shapiro will have more on those talks at the top of the hour. cheryl: washington state talking bucking the national foreclosure rate. the office it was for southern california. home sales volume...
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Dec 13, 2012
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harry reid may want to do the same thing. then we could have a discussion. these negotiations between speaker boehner and obama need to beat on c-span. what is said, the american people need to see. it is no good to have secret meetings. there.ave c-span cameras when there is an agreement, put it on line so every american can read it. obama promised big things would be done on c-span. he has the opportunity to make this promise, to keep that commitment. he promised he would put things on line so they could be read before they got voted. as long as americans can read the bill, i think we will avoid raising taxes on the american people. we have to go after the obamacare taxes and get rid of those. host: richard from florida. caller: good morning. you are a popular and you can talk to just about everybody. the office of management and budget' sought a book -- puts ot a book. we could save $900 billion a year getting rid of duplication and fraud and this is in the book. instead of doing all the taxes and other garbage, let's go through this book and do our job.
harry reid may want to do the same thing. then we could have a discussion. these negotiations between speaker boehner and obama need to beat on c-span. what is said, the american people need to see. it is no good to have secret meetings. there.ave c-span cameras when there is an agreement, put it on line so every american can read it. obama promised big things would be done on c-span. he has the opportunity to make this promise, to keep that commitment. he promised he would put things on line...
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Dec 11, 2012
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and now, speaker boehner is pointing the finger at the democrats and harry reid says it will be hard to get anything done before christmas. we will get our shopping done and hold you accountable later. and now, mike, speaker boehner said the meet was friendly but not productive. >>reporter: you get a sense that president obama and speaker boehner get along fine but today boehner hammered the president essentially making the point that if he got the tax increases he wants, we would still face trillion dollar deficits. here is more from speaker boehner on cutting spending. >> the president doesn't agree with our approach, he has an obligation to put forward a plan that can pass both chambers of the congress. right now the american people have to be scratching their heads and wondering when the president will get serious. >>reporter: you hear frustration from the speaker of the house and we hear frustration from owe lawmakers. the negotiations are between just the president and the speaker and folks are walking around capitol hill not sure what is going on in the private talks. >>shepar
and now, speaker boehner is pointing the finger at the democrats and harry reid says it will be hard to get anything done before christmas. we will get our shopping done and hold you accountable later. and now, mike, speaker boehner said the meet was friendly but not productive. >>reporter: you get a sense that president obama and speaker boehner get along fine but today boehner hammered the president essentially making the point that if he got the tax increases he wants, we would still...
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here's what harry reid said. he said, quote, senator mcconnell made a serious offer today to me with regards to the debt ceiling, a deal on the debt ceiling. i want a vote on it this afternoon. very strange but interesting, intriguing turn of the events. dennis: if you are harry reid and you run the senate and democrats controlled the senate you do not accept mcconnell republicans's proposal unless you get the outcome you want. they want the debt ceiling raised. mcconnell doesn't offer this unless he wants the death ceiling aised to remain a big uncertainty to work out a clip. cheryl: this news from one of our producers out of washington and this is just breaking right now so we will continue to follow this news out of the ec and get more details. cheryl: dennis: we will see the dow turned around on some optimism because having democrats and republicans working together at all on anything at this point seems like a rarity. elsewhere sports fans uniting in the court room, major-league baseball, hockey and others i
here's what harry reid said. he said, quote, senator mcconnell made a serious offer today to me with regards to the debt ceiling, a deal on the debt ceiling. i want a vote on it this afternoon. very strange but interesting, intriguing turn of the events. dennis: if you are harry reid and you run the senate and democrats controlled the senate you do not accept mcconnell republicans's proposal unless you get the outcome you want. they want the debt ceiling raised. mcconnell doesn't offer this...
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Dec 7, 2012
12/12
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to let him pass his big old tax hike with a simple majority if that's what harry reid wants because then they will be the party of high taxes and they can own it. >> i want to ask you one quickie. your friend and mine, senator jim demint, resigning from the senate. going to take over as head of the heritage foundation. he is a great free market defender of capitalism. what do you make of jim demint leaveliing the senate? >> i think there's two ways to look t a it. the way i look at it, i've jokingly said he's going to a better place. but i really am serious about that in the sense that it's a promotion. he's going to a big microphone. we will be a national spokesman for free markets, for libertarian conservative principles, for the constitution, heritage has a great 30, 40-year history of being on the right side of these issues. i think jim demint will be a great spokesman for them. >> he said that conservatism has to spread more publicly and that's one reason he's going. he wasn't happy with the 2012 elections. do you think conservatism just didn't make the case in the elections la
to let him pass his big old tax hike with a simple majority if that's what harry reid wants because then they will be the party of high taxes and they can own it. >> i want to ask you one quickie. your friend and mine, senator jim demint, resigning from the senate. going to take over as head of the heritage foundation. he is a great free market defender of capitalism. what do you make of jim demint leaveliing the senate? >> i think there's two ways to look t a it. the way i look at...
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Dec 11, 2012
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stocks, though, did come off their highs, after those harry reid comments. that sent everybody into a little bit of a tail spin. i believe we do have some comments on tape here from some of the lawmakers we heard today. >> you give the president every single job harming tax increase that he's requested, you run the government for maybe nine or ten days. >> i think there's a real danger that we're going to end up with some damaging tax increases and nothing to show for it. >> if we took the president's revenue, we took the republic republicans' spending cuts and we put them together, we'd have a package of more than $4 trillion. >> what i hope boehner does not do is give away the debt ceiling with any kind of deal unless it's the real deal. >> when the government spends money and a lot of these other so-called infrastructure investments, it ends up wasting the money, taking it from the private sector. >> i think we need to do the entitlement issue. >> i'm optimistic we're going to be able to avoid the fiscal cliff, we're not going to go over that. we're not g
stocks, though, did come off their highs, after those harry reid comments. that sent everybody into a little bit of a tail spin. i believe we do have some comments on tape here from some of the lawmakers we heard today. >> you give the president every single job harming tax increase that he's requested, you run the government for maybe nine or ten days. >> i think there's a real danger that we're going to end up with some damaging tax increases and nothing to show for it. >>...
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Dec 10, 2012
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the president speaks to senate democratic leader harry reid, we have learned. meeting yesterday at the white house with a speaker banner an in a speech in detroia couple of hours go the president extended little olive branch to the republicans. >> i have said i would work with republicans on a plan for economic growth, job creation and reducing our deficits. and some compromise between democrats and republicans, i understand people have a lot of different views, i'm willing to compromise a little bit. >> i spoke to an aide to one top republican leader who was a little bit upset by the comment the president would be willing to compromise a little bit. the white house did not disclose any details of the meeting with the president and the speaker yesterday only confirmed that communications remain open. tim john boehner remaining discussions are in place. david: the president said some things about a year ago that sounded like a perfect compromise. let me get your reaction. this was about a year ago. >> what they said was give us 1.2 trillion in additional revenue
the president speaks to senate democratic leader harry reid, we have learned. meeting yesterday at the white house with a speaker banner an in a speech in detroia couple of hours go the president extended little olive branch to the republicans. >> i have said i would work with republicans on a plan for economic growth, job creation and reducing our deficits. and some compromise between democrats and republicans, i understand people have a lot of different views, i'm willing to compromise...
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Dec 8, 2012
12/12
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reid is the only person in the senate that can pass a bill in the senate as well. it sounds like people like howard dean want everybody's taxes to go up. maybe we should feel fortunate that president obama only wants the top two% to g two percent t. >> greta: do you anticipate republicans will vote for a rate increase if this should come to a vote? >> i don't believe they'll vote for a rate increase. what we'll vote for hopefully is to extend the current tax rates permanently and start working with president obama on true pro growth tax reform, but again, it sounds like treasury secretary geithner is happy to take the economy off the fiscal cliff, and again, if president obama wants to do that, he can do that, it sounds like that's exactly where he wants to go, what is kind of amazing, maybe republicans should take, you know, a victory lap from the fact that we've actually convinced democrats it's a good thing to maintain the bush tax cuts for at least 98% of the american population. i guess that's a good thing. i hope, i hope if president obama decides to increase
reid is the only person in the senate that can pass a bill in the senate as well. it sounds like people like howard dean want everybody's taxes to go up. maybe we should feel fortunate that president obama only wants the top two% to g two percent t. >> greta: do you anticipate republicans will vote for a rate increase if this should come to a vote? >> i don't believe they'll vote for a rate increase. what we'll vote for hopefully is to extend the current tax rates permanently and...
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Dec 6, 2012
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. >> and harry reid named a number today. 38.5%. >> they talk about the clinton tax rates and say how good the economy was under the clinton years, but it's not entirely clear that raising taxes is going to create a great economy this time around. >> thank you so much. we go from party line to the front lines on the impact of the fiscal cliff's mess. fedex ceo fred smith was among the ceos who met with the president yesterday. he's been outspoken on the issue of corporate taxes as well as jobs, making headlines saying it's a myth that raising tax rates will kill jobs. let's talk with fred smith right now in a cnbc exclusive about that and more. frank, good to have you on the program. welcome back. >> thank you very much, maria. always good to be here. >> good to see you again. let's start with the fiscal cliff issue. when it comes to higher taxes, you seem to disagree with house speaker boehner when he says raising taxes on the highest earners will hurt jobs. can you elaborate on that? >> i think what the speaker is saying quite correctly is you don't want to increase taxes on the job
. >> and harry reid named a number today. 38.5%. >> they talk about the clinton tax rates and say how good the economy was under the clinton years, but it's not entirely clear that raising taxes is going to create a great economy this time around. >> thank you so much. we go from party line to the front lines on the impact of the fiscal cliff's mess. fedex ceo fred smith was among the ceos who met with the president yesterday. he's been outspoken on the issue of corporate...
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today we're told he had a phone call on air force one from harry reid. presumably to go over what it is their hashing out behind the scenes. a public and private scene going on here. >> they don't have to be face to face to keep the negotiations going. thank you. and as we get closer to the cliff's edge, a number of republicans in congress say they would be willing to accept tax increases on the wealthiest americans if they are accompanied by large enough spending cuts. >> one of those is tom cole who is a republican from oklahoma who joins us now live from capitol hill. fantastic to have you here on the show, congressman. >> good to be with you. >> what kind of spending cuts do you need to see, congressman, for you to be able to vote for those tax hikes on the top 2%? >> for the record i don't promote raising taxes on anybody. but if congress doesn't act they go up automatically. i'd like to take an area where we agree with the area, that we're not going to raise taxes on 98% of the american people. and just get that out of the way. let's not have those
today we're told he had a phone call on air force one from harry reid. presumably to go over what it is their hashing out behind the scenes. a public and private scene going on here. >> they don't have to be face to face to keep the negotiations going. thank you. and as we get closer to the cliff's edge, a number of republicans in congress say they would be willing to accept tax increases on the wealthiest americans if they are accompanied by large enough spending cuts. >> one of...
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Dec 6, 2012
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reid the senate democratic leader was on the floor within the past hour or so and he kept the pressure up on republicans. take a listen. >> the plan for the republicans to face reality, there's enough writing on the wall. >> you get the sense here guys that democrats feel like they have the upper hand, there is some dealmaking behind the scenes. what that dealmaking is we don't yet know and when it could yield some resolution we don't know that. >> quickly, we got from geithner yesterday to steve liesman he's prepared to go over the cliff if need be. >> yes. >> do we know if the republican position is weakening at all, are they ready to make any concessions on their end? >> well we get a sense that some republicans that i've been talking to are ready to make a deal, i talked to a couple republicans in the house yesterday who said they are urging speaker boehner to cut a deal here to agree with the president to extend the bush tax cuts for all those under 250,000, at least do that much, so there is some weakening on the republican side. the question is whether there's enough to get a de
reid the senate democratic leader was on the floor within the past hour or so and he kept the pressure up on republicans. take a listen. >> the plan for the republicans to face reality, there's enough writing on the wall. >> you get the sense here guys that democrats feel like they have the upper hand, there is some dealmaking behind the scenes. what that dealmaking is we don't yet know and when it could yield some resolution we don't know that. >> quickly, we got from...
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Dec 10, 2012
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harry reid has said that comprehensive immigration reform will be a priority in 2013. ere support for expanding and creating new visa programs for graduates and that is a goal that isporby the higher education association. including the ciation of higher universities. i also want to take this opportunity to thank senator warrer in because he has supported this immigration also introducing the starp-up agent. it was introduced in 2013 to create a new stem visa that foreign students who graduate with a masters or hpped can receive a green card or -- p.h.d. and stay in this country. to pass legislation that expands opportunities for our stem graduates. if we don't, our national competitive horizon has just narrowed. >> senator? >> thank you, alan let me thank my friends, participants on this panel, the miller center for asking me. let me add my two cents as well on mark kaplan who has been a good friend for a long time. he shows clean living, 96 years olan several years o marriage. i think it is particularly aproper of the miller center to ask me to be here, talk about th
harry reid has said that comprehensive immigration reform will be a priority in 2013. ere support for expanding and creating new visa programs for graduates and that is a goal that isporby the higher education association. including the ciation of higher universities. i also want to take this opportunity to thank senator warrer in because he has supported this immigration also introducing the starp-up agent. it was introduced in 2013 to create a new stem visa that foreign students who graduate...
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harry reid said this. i take your point, but go. >> we can sit here and debate this. we don't have conclusive evidence either way. but the bottom line is he wants the government to come in and say we're going to harm small businesses here, we're going to impose the taxes, overregulate, do all the things that hurt these businesses and inhibit their ability to function and grow when we don't have conclusive evidence. that's the problem. stuart: but it's very attractive to a politician, a carbon tax, because it brings in a gusher of money. you tax companies. you tax utilities for the amount of co2s hat they put out in the atmosphere, you tax them on that basis, and you bring what, 100, 120 billion dollars a year? sandra: once they start seeing that money, they are going to want more. it could lead to an ugly future of very high taxes and could stif business -- and it could stifle business. >> i don't think he will get support for this. i don't think the public has appetite for it. stuart: i'm not so sure. i agree that people won't like this, but when politicians need mon
harry reid said this. i take your point, but go. >> we can sit here and debate this. we don't have conclusive evidence either way. but the bottom line is he wants the government to come in and say we're going to harm small businesses here, we're going to impose the taxes, overregulate, do all the things that hurt these businesses and inhibit their ability to function and grow when we don't have conclusive evidence. that's the problem. stuart: but it's very attractive to a politician, a...
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senate majority leader harry reid just took the floor. he tried to get a vote on the fiscal cliff deal at 1:30, but minority leader mitch mcconnell, republican objected to that proposal saying i matter of such importance, 60 vote threshold, majority was born to do. now it will not happen, no vote today on the debt ceiling, fiscal cliff proposal to basically the breaking news is we're back where we started. melissa: what is the hottest stock on wall street these days. trading under. the bidding war for my favorite bank analyst. i love dick bove. speaker he is in purgatory. a billion dollars unauthorized trade was described as a rogue trader. presumption of innocence, he was arrested earlier in the week. take the firm, the firm has been closed down since then. dick bove has been in purgatory. sources are telling us bove reseed essentially 17 offers to join him, he is now down to five, he has contracted form in five firms. he believes he'll be making the decision on which of these five firms he will go to in the coming days. he says he is cl
senate majority leader harry reid just took the floor. he tried to get a vote on the fiscal cliff deal at 1:30, but minority leader mitch mcconnell, republican objected to that proposal saying i matter of such importance, 60 vote threshold, majority was born to do. now it will not happen, no vote today on the debt ceiling, fiscal cliff proposal to basically the breaking news is we're back where we started. melissa: what is the hottest stock on wall street these days. trading under. the bidding...
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Dec 13, 2012
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senator harry reid in the senate has said social security should not be part of this. so has nancy pelosi, the democratic leader in the house. host: does the cola change depending on where you live in the country? guest: it is across the board for everyone. it is a percentage. it depends on how big your benefits are every year. you cited average numbers of about $1,200 a month for a retired worker. a lot of people get more and some get less. the dollar amount for your increase would change depending on that, but the percentage increase is the same a matter where you live in the country. host: we are talking about social security and how would factors into the so called "fiscal cliff." if you would like to join the conversation, here are the numbers to call -- . all the sudden they have taken the steam out of what the greatest economic miracles. the thing that they had, an economy growing rapidly, is fragile and requires government to facilitate rather than later costs and uncertainty on top of it. it's almost like a test tube in the u.s. now. there was a time we had a
senator harry reid in the senate has said social security should not be part of this. so has nancy pelosi, the democratic leader in the house. host: does the cola change depending on where you live in the country? guest: it is across the board for everyone. it is a percentage. it depends on how big your benefits are every year. you cited average numbers of about $1,200 a month for a retired worker. a lot of people get more and some get less. the dollar amount for your increase would change...
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Dec 5, 2012
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harry reid came out and said that he thinks the republican proposals so far haven't been good enough. >> they've got to come with some specific revenue. they've refused to do that. it's all these generalities. they'll close loopholes. it's a simple question, as president clinton said, of arithmetic. arithmetic. you can't get from here to there unless you raise the rates. >> so guys, that's where we are as of this morning, and now what everyone's waiting for is which side will make a concrete proposal here that actually includes some concessions? back to you. >> joining us from washington, d.c., jake sherman, congressional reporter for politico. who is going to make some honest concessions first? >> what eamon said is absolutely right. this comes down to one thing, whether republicans are willing to raise marginal income tax rates on americans. they're saying they're willing to raise revenue, but president obama has one criteria in this debate and that's raising income rates on all americans. right now, the sides are in their two corners on this and nobody is moving. so we're really on
harry reid came out and said that he thinks the republican proposals so far haven't been good enough. >> they've got to come with some specific revenue. they've refused to do that. it's all these generalities. they'll close loopholes. it's a simple question, as president clinton said, of arithmetic. arithmetic. you can't get from here to there unless you raise the rates. >> so guys, that's where we are as of this morning, and now what everyone's waiting for is which side will make a...
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you cannot say that you are not willing to put into how the programs on the table as harry reid said some time ago. my criticism is not that the president is not willing to compromise. i think the president is willing to compromise. my point today is i do not want us to continue to see this as left-right. we need to see this as we the people holding these officials accountable to reach a compromise because there is too much debt is at stake. you should be incensed that congress recessed early yesterday to go home in the middle of this crisis. that to me is an outrage. what does that say how seriously they take in this cliff will face on december 31? it will have an enormous impact. we should hold the members of congress -- we should do our homework and become educated so we can bring about the accountability that seems to be missing from this debate. host: this is drake on twitter. this is big guns. host: and h. robert asks -- host: back to the column by karl rove in while "the wall street journal." guest: speaker boehner is a very decent guy. he believes in compromise. he is reasona
you cannot say that you are not willing to put into how the programs on the table as harry reid said some time ago. my criticism is not that the president is not willing to compromise. i think the president is willing to compromise. my point today is i do not want us to continue to see this as left-right. we need to see this as we the people holding these officials accountable to reach a compromise because there is too much debt is at stake. you should be incensed that congress recessed early...
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this morning on the floor you had the majority leader harry reid and senator mcconnell talk ago little football, perhaps a sign they are lightening things up and trying to move things forward. jenna: maybe. are they the only two that talk. the floor always looks empty, mike, is it just the two of them back and forth, is that what is going on? >> reporter: they come through, they take center stage and later in the day you get all kinds of things. jenna: a little football talk. never really a bad thing. thank you for the update. jon: let's continue to talk about that a little bit. we are looking at whether president obama is at risk of repeating what some critics have said is a mistake he made in which is one term. one columnist writing that mr. obama alley natured the g.o.p. with his stimulus package. he said rather than work with republicans he colluded with democratic leaders. he goes onto write, quote, fast forward to 2012 it looks as if the white house is trying to repeat its mistakes all over again. joining us now the author of that column jonah goldberg editor at large of the nati
this morning on the floor you had the majority leader harry reid and senator mcconnell talk ago little football, perhaps a sign they are lightening things up and trying to move things forward. jenna: maybe. are they the only two that talk. the floor always looks empty, mike, is it just the two of them back and forth, is that what is going on? >> reporter: they come through, they take center stage and later in the day you get all kinds of things. jenna: a little football talk. never really...
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Dec 7, 2012
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harry reid and mitch mcconnell when back-and-forth on fiscal cliff issues and a proposal to raise the debt ceiling. here is part of their exchange. >> yesterday afternoon, i came to the floor and offered president obama's proposal on the fiscal cliff to show that neither he nor democrats in congress are acting in good faith in these negotiations. with just a few weeks ago before a potentially entirely avoidable blow to the economy, the president proposed a plan the members of his own party will even vote for. he is not interested in a balanced agreement, not particularly interested in avoiding the fiscal cliff, and clearly not interested at all in cutting any spending. with the president is really in, as we learned just yesterday, is getting as much taxpayer money as he can, first by raising taxes on small businesses who he believes are making too much money, and then on everybody else. not so he can lower the debt or the deficit, but so he can spend to his heart's content. for months, the president has been saying that all he wanted to raise taxes on the top 2% so he can tackle the d
harry reid and mitch mcconnell when back-and-forth on fiscal cliff issues and a proposal to raise the debt ceiling. here is part of their exchange. >> yesterday afternoon, i came to the floor and offered president obama's proposal on the fiscal cliff to show that neither he nor democrats in congress are acting in good faith in these negotiations. with just a few weeks ago before a potentially entirely avoidable blow to the economy, the president proposed a plan the members of his own...
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Dec 10, 2012
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harry reid, he has some people who loves his job. he would like to be along with the progressives. i look at this and i worry because in the camp that believes going over the cliff -- the united states will enter a new recession. i do not see the basic associations on the house and senate side that would write the legislation and pass it. host: so far the markets of not reacted. does that hurt the pressure of a congress often feels? guest: no doubt about it. yes, i agree with it, this could be terrible economic consequences, but itwe talked ae now. host: i have thought a lot about this. we have seen what happens again to of these circumstances. there was a very sharp drop of confidence with economic consequences. if you look at the data that came out earlier this week, november, december, consumer confidence plunges. markets are expecting things to get done. oppressing a denture a deal. leadership is an able to comfort a deal, we will see market volatility. you cannot go back. i worry a lot about it as well. guest: 9 have the market's not reacted as negatively as with of the wood.
harry reid, he has some people who loves his job. he would like to be along with the progressives. i look at this and i worry because in the camp that believes going over the cliff -- the united states will enter a new recession. i do not see the basic associations on the house and senate side that would write the legislation and pass it. host: so far the markets of not reacted. does that hurt the pressure of a congress often feels? guest: no doubt about it. yes, i agree with it, this could be...
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reid and house speaker john boehner. >> on washington journal, the latest developments in the fiscal quick negotiations. after that, political looks at the estate tax, which is set to go up at the end of the year unless congress and the white house fact. live wednesday at 7:00 a.m. eastern, on c-span. >> wednesday, politico hosts a discussion with bob woodward, author of "the price of politics," and marco rubio. mike allen moderates the discussion. see that live at 10:00 a.m. eastern on c-span 3. house democrats filed a discharge petition to force a house vote to extend the bush era tax cuts for middle-class families. the bill has already passed in the senate. next, we hear from nancy pelosi. the course of the election the president made it very clear that he was courting the extension of the middle class tax cut and that everyone, 100% of the american people, would benefit from it. 100% of taxpayers, small businesses, wage earners, and the rest. the republicans are saying that rather than passing that they want to hold it hostage to giving an additional tax cut to people making over
reid and house speaker john boehner. >> on washington journal, the latest developments in the fiscal quick negotiations. after that, political looks at the estate tax, which is set to go up at the end of the year unless congress and the white house fact. live wednesday at 7:00 a.m. eastern, on c-span. >> wednesday, politico hosts a discussion with bob woodward, author of "the price of politics," and marco rubio. mike allen moderates the discussion. see that live at 10:00...
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Dec 12, 2012
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reid's desk. and he does not take it up. and we have passed this budget. and i commend congressman ryan, who leads our budget committee. we think we have to bring out-of-control spending under control. you have to restore economic freedom and ensure a level playing field for everybody. by putting an end to special interest favoritism and corporate welfare. we feel like that this administration's policies are driving up the gasoline at the pump and we need to be promoting an all of the above strategy on american energy production to help lower costs to create jobs to reduce dependence on foreign oil, to strengthen our health care and our retirement security by taking power away, away from government bureaucrats and empowering patients and letting patients and doctors make the decisions that are important to them. now, as i said a moment earlier, so many times people have said, how in the world did we get here? as i said decades, decades in the making and then we went through the budget control exer
reid's desk. and he does not take it up. and we have passed this budget. and i commend congressman ryan, who leads our budget committee. we think we have to bring out-of-control spending under control. you have to restore economic freedom and ensure a level playing field for everybody. by putting an end to special interest favoritism and corporate welfare. we feel like that this administration's policies are driving up the gasoline at the pump and we need to be promoting an all of the above...
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Dec 6, 2012
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we'll hear from harry reid and mitch mcconnell. c-span3, the impact of hurricnae ane sandy. a bipartisan group of senators spoke to reporters today about the civil war in syria and the potential use of force against the regime of bashar al-assad. >> good afternoon. i'm here with my colleagues from the senate, senator lieberman, senator gramm. -- graham. we are deeply disturbed by reports that bashar al-assad may have lionized -- weaponized some of his stores of chemical and biological agents and prepare them for use in aerial bombs. these reports also suggest that his forces are awaiting orders to use these weapons. if true, these reports may mean that the united states and our allies are facing the prospect of an eminent use of weapons of mass destruction and syria, and this may be the last warning we get. time for talking about what to do may now be coming to a close, and we may instead be left with an awful and it's very difficult decision. whether to continue on the sidelines and hope that a man who has slaughtered nearly 40,000 men, women and children in syria will deci
we'll hear from harry reid and mitch mcconnell. c-span3, the impact of hurricnae ane sandy. a bipartisan group of senators spoke to reporters today about the civil war in syria and the potential use of force against the regime of bashar al-assad. >> good afternoon. i'm here with my colleagues from the senate, senator lieberman, senator gramm. -- graham. we are deeply disturbed by reports that bashar al-assad may have lionized -- weaponized some of his stores of chemical and biological...
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Dec 11, 2012
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harry reid isn't even at the table and they're having these discussions. but he has a veto for anything that happens. a secret veto. but he's not in the room. the senate got elected, got itself re-elected by not having any votes over the last couple of years. i think if we had c-span, and cnbc cameras in the negotiations, then people could see what the republicans are doing, and the democrats are doing. let's remember what the president's budget is. i bet many of your viewers are unaware, because the establishment press hasn't covered what he's done. he saves a trillion dollars by not occupying iraq and afghanistan for the next ten years. okay. i could save a lot of money by not continuing the war of 1812. but a trillion dollars of the spending cuts are completely phony, because they're from something we already stopped doing. there's another trillion dollars that was agreed to and is in law from the budget control act. he wants to sell you that horse again. he wants to add another savings like that is this trillion. >> although the republicans -- jeb hens
harry reid isn't even at the table and they're having these discussions. but he has a veto for anything that happens. a secret veto. but he's not in the room. the senate got elected, got itself re-elected by not having any votes over the last couple of years. i think if we had c-span, and cnbc cameras in the negotiations, then people could see what the republicans are doing, and the democrats are doing. let's remember what the president's budget is. i bet many of your viewers are unaware,...
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unfortunately harry reid didn't embrace it and tabled it in the united states senate and then we moved on from there. i argue it was a highlight. we needed to cap spending. we needed to cut spending in the first year. cap it. start the process that everybody else has to function in, a balanced budget requirement added to the constitution. it would help address our fiscal concerns but more importantly be one of those that would help us get to economic growth. i'll be -- the one thing we need. george will spoke to a group of us. he had a great line. r.s.c. meeting. steve and i were there. when you have 1% growth it feels 1% economic growth it feels like a zero sum game. when you have 5% growth it's boundless opportunity. and that's what we got to get back to this message of what can we do to give opportunity to american families, to american young people, to americans in general. and cut, cap and balance was part of it. getting back to the kind of policies to promote economic growth. and that optimism and that specialness that reagan talked about that is i think where we need to be as a
unfortunately harry reid didn't embrace it and tabled it in the united states senate and then we moved on from there. i argue it was a highlight. we needed to cap spending. we needed to cut spending in the first year. cap it. start the process that everybody else has to function in, a balanced budget requirement added to the constitution. it would help address our fiscal concerns but more importantly be one of those that would help us get to economic growth. i'll be -- the one thing we need....
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reid in the senate. you're just not seeing it. >> you don't see enough of it. curiously, the markets -- investors are actually increasing their exposure which is kind of contrarian to your point. i do believe to julia's point, you'll see a receding or retreat in that attitude over the next several days and few week ifs we can't get ourselves closer. i remain optimistic. the president wants a legacy and his legacy depends on this. and two proposals have been put forth. they resemble each other in terms of the amount they've asked for. i give republicans credit. they understand revenue has to be part of the deal. the question remains whether it's marginal rates or limiting deductions. adults should be able to come together and get that deal done. >> what happens here in the short term and long term. the short-term thing's not going to be much of a solution. >> no, i don't think so. and mark halperin, you talk about these deals possibly being $2 trillion. we went $5 trillion in debt over the past four or fi
reid in the senate. you're just not seeing it. >> you don't see enough of it. curiously, the markets -- investors are actually increasing their exposure which is kind of contrarian to your point. i do believe to julia's point, you'll see a receding or retreat in that attitude over the next several days and few week ifs we can't get ourselves closer. i remain optimistic. the president wants a legacy and his legacy depends on this. and two proposals have been put forth. they resemble each...
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i think senator harry reid, the majority leader in the senate, has said that social security should not be a part of this. so has nancy pelosi, the democratic leader in the house. host: the cost of living adjustment in social security, does that change depending on where you live in the country? if you live in a more or less expensive area? or is it across the board for everyone? guest: it's across the board for everyone so it's a percent. it depends on how big your benefits are each year. you cited some average numbers of about $1,200 a month for a retired worker. a lot of people get more. some people get less. so the dollar amount for your increase would change depending on that. but, no, the percentage increase is the same no matter where you live in the country. host: reporter for the associated press. we're talking about social security and how it factors into the so-called fiscal cliff. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> waiting for the u.s. house to gavel back in momentarily for a couple of votes inc
i think senator harry reid, the majority leader in the senate, has said that social security should not be a part of this. so has nancy pelosi, the democratic leader in the house. host: the cost of living adjustment in social security, does that change depending on where you live in the country? if you live in a more or less expensive area? or is it across the board for everyone? guest: it's across the board for everyone so it's a percent. it depends on how big your benefits are each year. you...
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senator -- senate majority leader harry reid said a comprehensive immigration reform will be a high priority issue in the 2013 congress. there is bipartisan support for creating programs force them graduates. that is a goal that is supported by the higher education association, including the association of american universities and the association of public and land grant universities. i will take this opportunity to dock senator warner, because he has consistently supported by skilled immigration. he introduced it -- he introduced the bipartisan start up act. it was introduced in may of 2012, it included a provision for creating and to stem the set so that a foreign student graduating with a masters are ph.d. in a strong field could received a green card and stay in the country. we hope that senator warner and congressional leadership can find common ground in the 113th congress to successfully pass legislation to expand opportunities for our stem graduates. if we do not, our competitiveness has narrowed. >> thank you. let me thank terry sullivan and stephen case for participating. i think
senator -- senate majority leader harry reid said a comprehensive immigration reform will be a high priority issue in the 2013 congress. there is bipartisan support for creating programs force them graduates. that is a goal that is supported by the higher education association, including the association of american universities and the association of public and land grant universities. i will take this opportunity to dock senator warner, because he has consistently supported by skilled...